"Investment" property - best way to write off loss over bond?

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xrapidx

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Due to continued unrest in Du Noon - our domestic worker and her husband have asked us to help get them other accommodation.

I'd like opinions on the best way to structure the finance on the purchase of a small flat to save myself as much as possible, as this will be done at a loss to myself. I'm not even sure if there's someone you can talk to about this sort of thing?

The plan is to buy and bond the flat in a trust.

They will rent it at the same rate they are paying now for a shack (I do not believe anything should be free) - electrical for their own account (as they pay now) - obviously bond and levies for my account.

Probably looking at a R4,500/pm for bond and levies. 
 

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